Top Posters
Since Sunday
t
7
m
6
k
6
F
5
j
5
t
5
j
5
G
5
f
5
a
5
d
5
c
5
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
AndrewKraus AndrewKraus
wrote...
Go to Answer
Posts: 1170
Rep: 0 0
6 years ago
If the demand and supply curves for a commodity both shift to the left and the shift in demand is less than the shift in supply, then in comparison to the initial equilibrium, the new equilibrium will be characterized by:
A) the same price and quantity.
B) a higher price and quantity.
C) a higher price and a lower quantity.
D) a lower price and a higher quantity.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
Read 95 times
2 Replies
Replies
Answer verified by a subject expert
losteinlostein
wrote...
#1
Top Poster
Posts: 583
Rep: 31 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Only I can change my life. No one can do it for me.

Related Topics

AndrewKraus Author
wrote...
#2
6 years ago
I'll share this with my friends, thank you for being there
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  973 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 132
  
 166
  
 146
Your Opinion
What's your favorite funny biology word?
Votes: 334
Previous poll results: Which of the following is the best resource to supplement your studies: